FTSE Russell has unveiled a new government bond index providing exposure to local currency debt issued by Saudi Arabia.

HSBC Global Asset Management has extended its sustainable ETF range with the launch of the HSBC Asia Pacific ex Japan Sustainable Equity UCITS ETF on LSE.

FTSE Russell and Singapore Exchange (SGX) have unveiled details of a partnership to develop the ETF market locally in Singapore as well as explore opportunities across their index, data, and analytics businesses.

Investors are increasingly looking to incorporate sustainability considerations within their smart beta strategies, highlighting a potential opportunity for product developers, according to research from FTSE Russell.

Direxion has launched three new equity ETFs on NYSE Arca that draw upon an assortment of investment ideas, including dynamic downside risk management, sustainable growth, and contrarian mean-reversion themes. Aimed at longer-term investors, the funds follow up on the issuer’s launch in February of a trio of similarly-minded strategy-index funds. Dave Mazza, Managing Director at Direxion, commented, “Recent market events have reminded investors about the need for diversification and created opportunities to introduce unique exposures in portfolios. We’re excited to introduce these strategies to help investors build more robust portfolios in a challenging market environment.”

State Street Global Advisors (SSGA) has cross-listed the SPDR S&P US Dividend Aristocrats EUR Hedged UCITS ETF on Borsa Italiana. The fund provides exposure to US-listed companies with sustainable dividend yields while hedging currency exposure between the US dollar and the euro. The new listing trades on Borsa Italiana under the ticker USDE IM and comes with an expense ratio of 0.40%.

BlackRock has launched a trio of new multifactor ETFs on Cboe BZX Exchange targeting the three main size segments of the US equity market. The funds track indices from FTSE Russell that favour stocks with strong momentum, quality, value, size, and low volatility characteristics.

FTSE Russell and the Johannesburg Stock Exchange have partnered on a series of co-branded fixed income indices measuring the performance of domestic bonds issued in South Africa. The indices provide comprehensive coverage of South African sovereign, state-owned, and corporate bonds but come at a troubling time for the country which has recently been downgraded to sub-investment-grade territory.

BlackRock has launched two new US equity factor ETFs on Cboe BZX Exchange: the iShares Factors US Growth Style ETF (STLG US) and the iShares Factors US Value Style ETF (STLV US). The funds, which are constructed using the Russell 1000 universe of US large-cap stocks, provide multifactor exposure to stocks that have been pre-screened for either growth or value style characteristics.

Innovator Capital Management has launched four new ETFs in the US, expanding the firm’s range of ‘defined outcome’ funds. The ETFs are all so-called “Power Buffer” funds which provide protection against the first 15% of losses over a period of approximately one year. They are based on US equity (Nasdaq 100 and Russell 2000), global developed (MSCI EAFE), and emerging markets (MSCI Emerging Markets) indices.